Car repairs can be shockingly expensive, and if you’re not prepared, they can put a strain on your finances. Whether it’s a minor dent, an engine failure, or a costly part replacement, the bill can run into thousands.
In this guide, we’ll cover everything you need to know about avoiding expensive car repairs through smart insurance choices. From understanding policy types to knowing which add-ons to choose, we’ll help you make informed decisions.
Why are car repairs so expensive?
Before we get into insurance, let’s understand why car repairs cost so much. Here are the main reasons:
- Increased cost of spare parts
Modern cars come with advanced features like sensors, automated driving assistance, and electronic fuel injection. These parts are expensive to replace.
- Rising labour charges
Skilled labour is costly, and mechanics today require specialised training to work on high-tech vehicles. Labour charges can make up a significant portion of your repair bill.
- Expensive diagnostic tools
Modern cars need high-tech scanning tools for fault detection. Mechanics invest in expensive equipment, and these costs are passed on to customers.
- Inflation and taxes
The cost of materials, transportation, and taxes keeps increasing, making car repairs more expensive every year.
How car insurance can help reduce repair costs
Without insurance, you’ll have to bear repair costs yourself. A good car insurance policy can cover major expenses, ensuring you don’t have to pay out of pocket. Here’s how:
- Covers accidental damages
If your car gets damaged in an accident, insurance covers repair costs. Whether it’s a minor scratch or a major dent, your policy ensures you don’t have to pay the entire bill.
- Covers engine damage
An engine failure can cost lakhs to repair. If you have an “engine protection add-on”, your insurance will cover the repair or replacement costs.
- Covers natural disasters
Natural disasters like floods, earthquakes, and storms can severely damage your car. With the right policy, you won’t have to worry about repair costs after a calamity.
- Covers theft and vandalism
If your car is stolen or vandalised, comprehensive insurance ensures you get compensated. This prevents financial loss due to criminal activities.
- Covers roadside assistance
Imagine your car breaking down in the middle of the highway. With the right add-on, your insurer will cover towing, minor repairs, and even fuel delivery.
- Offers cashless repairs at network garages
Most insurers have tie-ups with garages, so you can get your car repaired without paying upfront. The insurance company settles the bill directly with the garage.
Types of car insurance plans
There are different types of car insurance policies. Knowing which one suits your needs can save you from unnecessary expenses.
Here are various car insurance types and add-ons:
- Third-party insurance (mandatory in India)
This covers damages to other vehicles and people but does not cover repairs for your own car. It’s the most basic insurance and is legally required.
- Comprehensive car insurance (highly recommended)
This covers damage to your car as well as third-party liabilities. It also protects against theft, fire, and natural disasters.
- Pay-as-You-Drive Insurance
This is a flexible option where you pay based on how much you drive. Ideal for those who don’t use their car frequently.
- Zero Depreciation cover
With a standard policy, the value of car parts depreciates over time, reducing your claim amount. A zero depreciation cover ensures you get full reimbursement for parts.
How to choose the right car insurance plan
With so many options available, picking the right plan can be confusing. Here’s what you need to check:
- Look beyond the premium cost
A cheap policy may not offer good coverage. Compare benefits before making a decision.
- Check add-ons
Add-ons like roadside assistance, engine protection, and zero depreciation can make a big difference in reducing repair costs.
- Use a car insurance app
A car insurance app makes it easier to compare plans, renew policies, and file claims. It also provides alerts for policy expiration.
- Check claim settlement Ratio
A provider with a high claim settlement ratio means you’re more likely to get your claim approved without hassles.
Best add-ons to reduce repair costs
Add-ons can significantly increase your coverage and prevent unexpected expenses. Here are some useful riders:
- Zero Depreciation Cover
Ensures you get the full claim amount without depreciation deductions.
- Engine Protection Cover
Covers engine and gearbox repairs, especially useful for cars in flood-prone areas.
- Roadside Assistance
Helps with breakdowns, towing, battery jump-starts, and minor repairs on the spot.
- Consumables Cover
Covers the cost of engine oil, lubricants, nuts, bolts, and coolant during repairs.
- Key Replacement Cover
Covers the cost of replacing lost or stolen car keys.
Tips to reduce car repair costs beyond insurance
Apart from having a good insurance plan, here are some smart ways to cut down repair expenses:
- Regular maintenance
Follow the manufacturer’s service schedule. Regular oil changes, filter replacements, and tyre checks can prevent major breakdowns.
- Drive carefully
Avoid aggressive driving, sudden braking, and harsh acceleration to reduce wear and tear.
- Check tyre pressure regularly
Underinflated tyres wear out faster and affect fuel efficiency. Maintain proper tyre pressure to extend their lifespan.
- Avoid waterlogged areas
Driving through deep water can damage the engine. If you live in a flood-prone area, get an engine protection add-on.
- Keep an eye on warning signs
Strange noises, dashboard warning lights, or difficulty starting your car? Get it checked before it turns into a bigger issue.
- Choose a reliable mechanic
A trusted mechanic ensures quality repairs. Avoid cheap, unverified service centres that use low-quality parts.
How a car insurance app makes everything easier
A car insurance app simplifies everything from policy comparison to claims. Here’s how it helps:
- Instant policy renewal – No need to visit an office. Renew policy in minutes.
- Easy claim filing – Upload documents and photos directly.
- Track claim status – Know exactly where your claim stands.
- Find network garages – Locate cashless garages nearby.
Conclusion
Car repairs after an accident, natural disaster or vandalism can be expensive, but with the right insurance plan, you can save a lot of money. A comprehensive policy with useful add-ons ensures that major repair costs are covered.
Using a car insurance app makes policy management easier, helping you stay protected without any hassles. So, before your next car repair bill surprises you, make sure you have the right insurance in place!
